52 Cedar Drive
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| May 11, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Listed by Coldwell Banker American Homes | $699,990 | |
| Listed by Coldwell Banker American Homes | |||
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Mint Colonial situated on quiet mid-block, prime West Farmingdale, great curb appeal w/ brick & brand new vinyl sided exterior, brand new cement driveway, walkway, brand new bluestone stoop & steps, custom landscaping. LR w/ prefinished hardwood floors & built-in A/C, updated EIK w/ maple cabinets & brand new stainless steel appliances, brand new Fbth, FDR w/ prefinished hardwood floors, main level den or fourth BR. 2nd floor front & rear dormered, large MBR, 2 other BRS, & new Fbth. Basement full finished Family Rm, WIC, Laundry Rm w/ new washer & dryer. All windows replaced, tilt easy clean. Gas heating system & separate HW heater approximately 10 years old, 100-amp electric. Privately fenced backyard, cement patios, shed, 6ft PVC fencing, retractable awning, IGS. Plainedge S.D. #18. Convenient to all transportation & shopping. Tax grievance filed!
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About Plainedge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017